EUR/USD is trading at fresh session lows as dollar shorts are covered en masse.
Protection of a 1.3800 barrier may slow the decline in the near-term. 1.3813 has been the low on the interbank EBS platform so far.
It is interesting to note that gold has given up its bid after the Carney comments and share prices have turned south as well. Risk aversion is finally on the rise across the board rather than concentrated in the dollar.
